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Old 01-18-2016, 02:49 PM   #149
Parallex
I believe in the Jays.
 
Join Date: Apr 2009
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Quote:
Originally Posted by 868904 View Post
Any one know what the deal is with buyouts? I remember ready earlier in the year Duhatschek was saying the Flames have been trying to trade Wideman since last year and if they can't, they will buy him out next year.

How does that work? Is there cap penalties?
For older players it's 2/3 remaining salary spread out over twice the remaining term. So using Wideman... that would be 3.5M spread out over two years (1.75M Cap Hit)
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